Export Control Basics
Overview | Topics | Learn How To | Dates & Locations
Overview
All companies engaged in international activities, whether through the export of products or technology, the hiring of foreign national employees, international affiliations, or the exchange of technical information with overseas counterparts and clients, must understand the requirements of U.S. export control laws and regulations. In recent years, Congress and the executive branch have increasingly focused on compliance issues relating to these activities. Reflecting this concern, legislation continues to expand and reinforce compliance demands on exporters, and penalties for violations have become increasingly severe and more commonplace.
Having an effective and comprehensive export compliance program in place is necessary and will demonstrate that your company considers export compliance an important corporate goal. If done properly, a comprehensive compliance program will become a valuable corporate asset that enhances company operations, facilitates compliance with law, and mitigates penalties should violations occur.
This course provides you with a strong foundation for understanding U.S. export control laws and regulations and strategies you need to successfully implement and monitor such a program.
Topics
- Why care about export controls?
- The fundamental principles of U.S. export controls
- How to recognize potential export control issues
- Evaluating licensing/agreement requirements
- Foreign nationals and the “deemed export” rule
- Reporting and recordkeeping requirements
- Screening potential business partners
- Developing your compliance program
- Dealing with violations and voluntary disclosures
- Antiboycott and FCPA issues
- Assessing the risk level in your export compliance program
Learn How To...
- Develop and audit your export compliance program
- Determine the export classification your product
- Decide whether a license or other government authorization is required prior to export
- Use license exemptions to your benefit
- Screen your international transactions
- Identify "red flags" and other potential areas of concern in exporting goods and services
- Evaluate when it's appropriate to submit a voluntary disclosure
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